You're talking about a tap, not a die, so your workpiece needs to be wider than the tap by enough to leave a sidewall, so a 25mm OD (outer dia.) is too small and 1 inch is 25.4mm so .4mm would get destroyed by the tap.
Now 25mm ID ( inner dia. ) hollow tube would be ok as long as the wall thickness was appropriate for your needs, but your threads wouldn't be very deep.
However a 25mm ID tube is too wide for a 21700 and too small for a 26650
Maybe for taping an endcap for a 21700 build.
Maybe you originally meant a 25mm ID hollow round bar ?
If so depending on the tap tolerance and the bar, then maybe, as long as the threads were deep enough not to strip out, also the thread pitch determines your drill size or ID
It would likely be too loose to use an M25 in an 25mm ID tube, a 24mm ID would be better so your threads have some depth.
The right size hole for a 25mm tap is
HERE